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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Mere failure to file the relevant vouchers as required by the AO ...


Disallowance Unjustified Without Proof Expenditures Were Not Business-Related; Voucher Submission Alone Insufficient, Says AO.

January 10, 2017

Case Laws     Income Tax     AT

Mere failure to file the relevant vouchers as required by the AO cannot be the basis for disallowance unless it is found that the expenditures were not incurred wholly and exclusively for the purpose of business - AT

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